Hibbett Sports Inc.: The Winning Streak Continues (HIBB)

February 25, 2021 11:42:11

Hibbett Sports Inc. (NASDAQ:HIBB) traded today at a new 52-week high of $70.48. This new high was reached on approximately average trading volume as 331,000 shares traded hands, while the average 30-day volume is approximately 462,000 shares.

Based on a current price of $69.89, Hibbett Sports Inc. is currently 58.1% above its average consensus analyst price target of $29.30.

Hibbett Sports Inc. share prices have moved between a 52-week high of $70.48 and a 52-week low of $7.33 and are now trading 853% above that low price at $69.89 per share.

Hibbett Sports Inc is a United States-based company that is mainly engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business in the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of two kinds of stores: Hibbett Sports, the company’s primary retail format stores, accounting for the majority of the company’s total stores, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.

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